43 Cedar Street, Palatine, Illinois 60067
$649,900
|
For Sale
|
|
| Status: | New |
| Sqft: | 3,700 |
| Cost/Sqft: | $176 |
| Beds: | 5 |
| Baths: | 3 |
| Year Built: | 1949 |
| Property Taxes: | $16,282 |
| Days On Market: | 2 |
| Lot Size: | 0,91 |
Description
Rare Palatine Opportunity - Nearly an Acre with a Second Unit! This property is truly unique; the main house offers a spacious layout with its own large kitchen, bathroom, and living areas. Attached is an extended section featuring a separate kitchen and bathroom. Additionally, there's a second Unit that is licensed via Village of Palatine on-site ready to be rented out. You can live in the main house and rent a second house . Perfect for business or investment. Steps from vibrant downtown Palatine and served by highly rated schools, this exceptional property sits on nearly an acre lot with a fully independent, freestanding second unit. The main residence offers 3 bedrooms, full basement plus a dedicated office and approximately 2,800 sq ft of thoughtfully updated living space. The renovated kitchen shines with quartz countertops, stainless steel appliances, and generous cabinetry, while spacious bedrooms provide room to grow. An attached in-law addition provides a private bedroom and full bath - ideal for extended family or multigenerational living. Major updates throughout include new siding, new HVAC system, newer flooring, and an updated basement - truly move-in ready. The freestanding second unit - approximately 900 sq ft - is equally well-appointed with its own new HVAC system, new flooring, newer washer and dryer, and many additional updates. Total parking space is for at least 5 cars. A private garage and separate laundry make it completely self-sufficient. Live in one, rent the other - or maximize returns by leasing both. The possibilities are as expansive as the lot itself.
Property Specifics
| Single Family | |
| — | |
| — | |
| 1949 | |
| — | |
| — | |
| No | |
| 0.91 |
| Cook | |
| — | |
| — / Not Applicable | |
| — | |
| — | |
| — | |
| 12716589 | |
| 02222010640000 |
Nearby Schools
| NAME: | DISTRICT: | DISTANCE: | |
|---|---|---|---|
|
Grade School
Stuart R Paddock Elementary Scho |
15 | — | |
|
Middle School
Plum Grove Middle School |
15 | Not in DB | |
|
High School
Wm Fremd High School |
211 | Not in DB | |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 18 Aug, 2023 | Sold | $325,000 | MRED MLS |
| 13 May, 2023 | Under contract | $349,900 | MRED MLS |
| — | Last price change | $374,900 | MRED MLS |
| 24 Feb, 2023 | Listed for sale | $399,000 | MRED MLS |
| 27 Jul, 2026 | Listed for sale | $649,900 | MRED MLS |
Room Specifics
Total Bedrooms: 5
Bedrooms Above Ground: 5
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Full Bathrooms: 3
Bathroom Amenities: —
Bathroom in Basement: 0
Rooms: —
Basement Description: —
Other Specifics
| 2 | |
| — | |
| — | |
| — | |
| — | |
| 145 X 330 | |
| Interior Stair | |
| — | |
| — | |
| — | |
| Not in DB | |
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| — | |
| — | |
| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2023 | $12,374 |
| 2026 | $16,282 |
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Listing Provided By
eXp Realty
